eToro Group Ltd-A(US:ETOR) Thenewswire·2026-02-18 15:40Core Insights - Lode Gold Resources Inc has initiated a new Mineral Resource Estimation block model for its Fremont Gold Project in California, utilizing over 7,000 historical underground channel samples that were previously unavailable in digital format, significantly enhancing data density in mined areas [1][2][3] Group 1: Mineral Resource Estimation - The updated block model will reinterpret the Fremont deposit as a continuous mineralized body instead of discrete vein-only domains, using a lower cut-off grade supported by updated underground mining cost assumptions [2][3] - The inclusion of the new dataset is expected to enhance geological continuity, improve grade distribution confidence, and support wider mining widths consistent with a bulk underground mining scenario [3] Group 2: Project Background - The Fremont Gold Mine is an advanced exploration and early development brownfield project that was previously mined at a grade of 10.7 grams per tonne (gpt) before gold production halted in 1942 due to WWII [4][6] - The project has seven deposits along a 4 km strike on the Mother Lode Belt, with only 8% of the Mineral Resource Estimate (MRE) 2025 having been exploited, leaving 92% available for future mining [6] Group 3: Infrastructure and Ownership - Fremont Gold Project covers 3,351 acres of patented private land with 100% ownership of surface and mineral rights, featuring road access, electricity, and proximity to rail and airport [6][10] - The project has extensive underground workings, including 23 km of tunnels, 20 adits, 16 levels, and 5 shafts, indicating significant infrastructure for potential mining operations [6][10] Group 4: Future Steps - The new Mineral Resource Estimation is currently underway and will be completed in accordance with NI 43-101 standards, with further updates to be provided once the work is finalized and reviewed by Qualified Persons [4]